Fun with Filings: Oberon Media

Online casual gaming company Oberon Media announced in May that it had bought UK-based mobile gamer I-play. It also said that it had raised additional venture capital funding, and that I-play investors would become Oberon shareholders. But no financial details were disclosed. Oberon also didn’t report how much it paid two months later for PixelPlay, an interactive TV games provider.

Well, better late than never. Oberon Media recently submitted two filings with the SEC, which indicate it spent approximately $70 million on acquisitions. This included an $18 million common stock exchange, and $52.52 million in newly-raised junior preferred stock. It also said that the extra “working capital” funding came in at around $47.4 million.

Oberon CFO Jeff Epstein declined to comment on the filings, saying that Oberon is a private company that does not want to provide any information outside of what is legally required.

Oberon shareholders include Oak Investment Partners, Comcast Interactive Capital, Capricorn Management, Goldman Sachs, Lehman Brothers and Morgan Stanley. It also lists former I-play backers like Apax Partners and Argo Global Capital.

Download the filings:
Oberon’s junior preferred filing: Oberon_Preferred.pdf
Oberon’s common filing: Oberon_Common.pdf